Kaesong Update

You may recall the
enthusiasm
of some over LivingArt’s Kaesong-made “peace pots.” The Chosun Ilbo is now reporting that LivingArt went bankrupt last December. Read just to see the picture.

2 Comments

Filed under Appeasement, NK Economics

2 Responses to Kaesong Update

  1. Duke

    Just tip of iceberg really… Small to med size business are still reelin from 1987 finance debacle and low cost threat from China and now waste more money in KS (more like donating more to DPRK dictator – indirectly)? Afterall they were courted to open shop in KS. What’s the deal with rather mysterious $30 mil loan to LA anyway?

    Story has it that MORON ROH and commie Lim of Unification ministry are pressuring Sansung and other big chaebols to invest in KS.

    DOWN WITH PUPPET FACTORIES IN KS WHICH ARE INDRECT FUNNEL TO SEND MORE $ TO DPRK!

  2. slim

    Looks like they don’t have a pot to make peace in!

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